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Startup Severance
- Severe Burnout at Startup Joined a startup several months ago and am feeling severe burnout. Working most days until 9/10pm and then usually on Slack around 11pm/12am to communicate with overseas engineers. Younger teammates seem to deal with it better, I’m early 30’s and trying to keep up but usually too tired to do anythin
- Severance agreement negotiations for exiting startups Looking for an advice: my friend is company forcing him to leave before the cliff date on the 11th month. 1. Can they fire him? 2. What’s the best ways to negotiate the severance package? Should he be talking to a lawyer? 3. Any additional advice based on your experience?#startup #severance #exit
- People who joined a recently IPOed startup that has devaluated severely in the last months: what is your plan? Robinhood, Rivian, and many others. For those who jumped ship just before everyrhing started spiraling downwards, how will you handle the loss in your TC?
- Offer from SG based Startup and not sure whether to join as the feedbacks are mixed in several sites. Kindly assist!! I got an offer from Singapore based startup company named TookiTaki with a package of 70L fixed, 7L variable. Right now I am earning 45L per Annum . I am 9.5 years of exp so I am not sure what should I do . Kindly advise .
- Took a voluntary severance - looking for referrals Just took the voluntary severance from Better. I'm a Senior Software Engineer focusing on mobile (iOS & React Native). Looking for referrals to FAANG / similar / late stage startups! Would appreciate any responses. TC $285k #severance #layoff #referrals
- vote Dropped out of Ivy League School, include on resume? Several years ago I dropped out of an Ivy League school after 1 semester in a Master’s program in engineering to cofound a startup. I’m leaving the startup now, and am not sure if I should include the fact that I attended the school or not on my resume. Any thoughts?
- Any well funded hardware team looking for PhDs? I currently work for an aerospace startup in the Bay Area. The work isn’t very challenging anymore and volunteer 2 months severance was recently offered. Red flag for me. I just got promoted to senior design engineer and have a PhD. Any help/ suggestions? Edit1: by hardware I meant mechanical engin
- vote FAANG interviews easier than non-FAANG? In my experience, I find passing FAANG interviews are easier than non-FAANG. I was rejected from several banks and startups. I’ve had offers from multiple FAANG companies on the first try. I think it’s because LC style prep is pretty straightforward and FAANG tends to focus on answering LC question
- Famous/Unicorn Startup Layoffs 😰☹😭 These are the famous/unicorn startups that have fired/laid off people very recently. Some of them are YC based #layoff #severance #help #referral
- Why recruiters haven't been removed as they are middlemen between engg interviewers and interviewees(atleast in tech)? Several startups removed middlemen/women in several fields. Why this still haven't changed? Any ideas/thoughts? #tech
- link Unacademy Layoffs | 1000+ people Uacademy layoffs 1,000 people in the name of Cost Cutting. https://m.economictimes.com/tech/startups/unacademy-lays-off-around-1000-employees-as-edtech-major-begins-a-massive-cost-cutting-exercise/articleshow/90703708.cms Indian startup laying off after Trell, Lido, OkCredit, and more #layoff #u
- Experience with Severance agreements? Hi all, does anyone have experience with severance agreements? I am parting ways with my company (startup) and they are offering severance with an agreement. I think for non-disparagement and to avoid me suing (I was never marked as underperforming). I am guessing I should have a lawyer look at it?
- Experience with severance agreements? Hi all, does anyone have experience with severance agreements? I am parting ways with my company (startup) and they are offering severance with an agreement. I think for non-disparagement and to avoid me suing (I was never marked as underperforming). I am guessing I should have a lawyer look at it?
- vote Stanford I passed by Stanford and couldn’t ignore the huge sign asking their students to pledge not working for Google or FB. Stanford itself looks like a paradox: privileged young people all talking like they will feed someone in Africa doing and AI startup. The University benefits a lot from scams like the
- Good questions to ask HM after receiving an offer Hey guys, I received an offer for a Data Engineer role at a series D startup (170k base + 1.6k options) at 1.5b valuation ($20 fair market evaluation, strike price $10) and waiting on several other on-site results. In the meantime, I scheduled a chat with the hiring manager so I can ask questions
- How do you make sure you aren't working for the next Fast? Fast burned $10mils a month with only $55k in revenue. How do my coworkers know we aren't in that situation? What questions should startup employees ask their CFO/CEO (revenue, burn rate, etc.) to assess if it's safe to work for them when Fed is flirting with multiple 0.50% rate increases? Is it a
- Do I still need a big name on resume? Currently working at amazon. Get several offers, facebook, stripe and a small startup etc. offer from startup is pretty solid, and one level above big companies. Wondering if it is wise to join startup? Or I should have another big company name to build resume and exploring startup later?
- Pivot severance and implications on acquisition by Amazon So, I am leaving with the severance. But what happens If I join a startup that’s later acquired by Amazon? Will they fire me again? And if I don’t sign severance agreement and leave without it I am still ineligible for rehire at Amazon and affiliates. Does anyone have any info on this? Unable to dec
- Working at startup on H1B I've stayed away from startups until now because of getting kicked out of the country but I wonder how severe the risks are? Would join a startup with some revenue stream minimize these risks?
- How to ask for a raise ? I’m a severely underpaid but hard working H1B female worker at a startup owned by an Indian male cofounder. What are some tips to successfully negotiate a pay raise ?
- Startups Decade! Go work for one. This new decade is going to be a decade for startups. Faang are close to peaking. Go and work for a startup. Congrats Doordash, Airbnb, Poshmark, Affirm and several others. Enjoy the rewards of your hard work.
- People working startups, how's the moral these days? After the Soft Bank's aftermath and more recently Sequoia Capital's letter, are you guys seeing any changes? Are you guys seeing the downturn affects startups severely? I know established startups may not have to scale too much but how about startups that are just getting started? Is any particular
- ELI5: How to do your due diligence before joining a startup There are several startups reaching out for jobs, and they seem to have attractive options for scope of work, and sone for payout in stocks. Question is: what factors should I look into as a new employee to ensure I’m making the right choice. A few things I can think about 1. Which VCs are backing
- Balance in your savings/checking accounts? Age/Gender/Location/Work Title/Annual Salary/Savings Account/Checkings Account I have 2 YOE and feel severely underpaid (startup life!) and behind my peers. Looking for a better paying role but curious what people's numbers are. 24/F/SF/Designer at Startup/$52k/$36k/$2k
- Negotiating Facebook offer with offers from startups I currently have the standard new grad offer from Facebook, and offers from several well-known startups. How can I use the startup offers to negotiate my Facebook offer? I feel like it’s particularly challenging because the startup equity is illiquid. Will Facebook negotiate with paper money from o
- How do people become staff engineers with 5 yoe? On LinkedIn I see several people with 5 yoe at startups with the title "staff engineer". Is this common in startups? For example could I go to a startup and fast track myself to the staff engineer level instead of spending 8-10 years getting to the staff level at FAANG / unicorns? Also how does sta
- vote Retire with 500k usd in india I'm 32 but already kinda tired of the corporate. I want to do random things, try small business ideas or do whatever pleases me like startup arts etc. With 500k NW can I somehow plan so i dont have to worry about basic life expenses in a tier 2 city in india ? Current tc 300k though spent several
- Best employment verification service? Hello Blind! Recently launched a startup - looking to start hiring for the first time. Have found several employment verification services online. Any recommendation on which services are best? Just looking to verify role & time at company. Thank you!
- Autonomous Vehicles - Compensation How much are engineers and researchers (l4-7) at @Waymo, @Zoox, @Cruise, @Argo, @Aurora, @Uber ATG, @Apple Special Projects, @Pony.ai, @Drive.ai, ... making? We are a seed stage startup and are hiring engineers with robotics (SLAM), computer vision, distributed systems background. What are your exp
- Hottest tech startups to join in Austin I am a software engineer in the silicon valley. I came here because I really enjoy this startup environment. I am now considering moving to Austin for several reasons. Could you guys point me out some of the hottest startup to join in Austin?
- what is a severance package usually in the bay area? My gf works at a startup company backed by big well established company. they are laying off some of the employees since the startup isnt doing great. she worked there for less than a year. what would be the severance package? they didnt give any info yet.
- Employment lawyer Asking for a friend who can’t post from his account - He got screwed (laid off for BS reasons) by a large well-funded startup he worked at! Any recommendations of employment lawyers? Location SF Bay Area. He got kicked out of a well funded startup shortly before large annual cliff for BS reasons an
- Where to find tech-focused non-crypto startups in NYC? Looking for a new startup job. Attended several career/startup meetups this week and every events it's all the same kind of entrepreneurs bragging about their successful DAOs or "we launched a platform to help real estate agent"-style CRUD business-facing apps. Not saying they aren't promising or, b
- Impossible to get noticed by FAAMG Been only working at a startup for 4 yrs as an engineer.. I get noticed by several big tech companies but no luck with FAAMG at all. Is there a way to get referrals here…?
- How is the TC for 10 YOE developer in Jakarta Have been working in several well known company aboard and thinking to work in Indonesia. There’re some some well know startup/unicorn like gojek, bukalapak, tokopedia, etc and wondering how is TC in these companies. How does the salary scheme look like? Bonus, RSU, THR, etc? #jakarta #gojek #ind
- (Phoenix) Looking for a technical co-founder or technical advice for social media app Over the past few months, I have put together a business plan, pitch deck, and created several mock-ups of an app idea that I have. I have already shared the idea online in a community of target-market individuals and received 357 Yes votes (97% approval). Additionally, I have made several rounds o
- Apathetic / bored at pivoting startup I’m 6 months into leading a small team (2 ICs) at a seed startup (company head count is 15) and am feeling apathetic and uninspired. We are currently pivoting and making substantial changes to our product, and I’m struggling to remain excited. After already spending several years at startups in the
- Tech industry in Overland Park, Kansas? I notice Overland Park, Kansas was amongst top 10 in places to live in US across various polls in several major publications. Anyone know how the tech industry is over there? Big techs and startups? Im thinking if favorable for our industry, i might consider moving there for a few years to take adva
- Severance package Someone I know is being let go from small (100ish people) startup company. She completed 10 months In a job. Did not get any shares vested, 0 stocks and was offered 6 weeks severance pay. Edit: Question is... if severance is negotiable and if stock vesting is negotiable? If anybody has done before
- [india] how long before you get your termination letter? I got fired (for no reason, didn't give my severance as they extended my probation without my knowledge) on late April and have about it here in blind. The startup hasn't provided me with the termination letter and the payslips. They are saying its still in process. I want to know if other companies
- What are some cool companies to work for in Austin? I’ve been looking for opportunities in Austin but noticed there are a lot of ML/AI startups selling usual BS and also several real state companies which sounds super boring. What are some cool companies to consider?
- Should i leave Amazon for a startup? Currently L5 sdm at Amazon, but my Manager will hopefully make me L6 before EOY. I have several startups asking me to interview for director title roles. And they are offering similar comp to what I'm currently making. Will it be better for my career to be a Director of a startup or stay as sdm a
- Just received my PIVOT docs. Severance offered was ~20% of base pay, I’ll also get paid out on my Q1 incentive bonus. I’m honestly relieved since I was miserable. Have a call with a startup next week that wants to recruit me but considering taking some time off.
- How's Ironclad? They're backed by several big-name VC but even in this insane market their funding rounds aren't huge & don't show nearly the growth this market has been churning out. Anyone know anything about how they're doing/outlook? #ironclad #startup
- Feeling empty I just bought a new house. I got an offer in a tech startup, which I should be very happy since it took me several months to prepare and numerous interviews/failures until I get one. I suddenly feel empty now. Is it normal?
- link Acquired 5 companies in 2021, Now layoffs 12% workforce in 2022 Hopin was one of the fastest growing startup during pandemic. Spent $250m to acquired StreamYard. But, mis calculated growth so they have to fire people now. It's insane. @Hopin# employee, hope you're doing good. https://techcrunch.com/2022/02/10/virtual-events-platform-hopin-cuts-12-of-staff-c
- Companies with high IPO probability In my next career move, I am targeting startup companies that have not yet gone public, but have a non-zero chance at going public at some point in the next several years. What are some companies that fit this description?
- Google/Netflix referral needed, 14YOE, engineering manager and startup founder Looking for Google or Netflix referral. I’m currently talking with Facebook. I have 14YOE. I’m an engineering manager. I also have experience as a product manager and project manager, and I have founded several startups. Thanks
- vote Startup offer evaluation Seriously considering an offer from a Series B startup in the bay area. I really like the team and believe the company has a bright future. The revenue growth is strong and the sector is enterprise AI. Want to know the community's thoughts on how good the offer is. Have several similar offers from s
- Why did tech interviews become so hard? 5 years ago tech interviews were mostly LC easy/medium and were somewhat doable. Interviewed with fb and they expected two leetcode medium to be done in 45 mins. Google and Microsoft both asked LC hard and several smaller startups ask LC hard too. Is there too much competition? Too much immigratio